Open Ended Hedge Fund Accountant, AVP

Apex Group Ltd

Job Responsibilities:

The role duties and responsibilities will include but not limited to the following:

• Assist in the NAV preparation and review process for our Hedge Fund clients including management of the entire process
• Timely delivery of any other client specific reporting requirements
• Planning, scheduling and managing the daily workflows of all client deliverables within the team
• Reconciliation of investment portfolios, dividends and interest, corporate actions, and investor capital activity
• Good understanding of various types of Performance fee calculation, equalition, Management fee calculations.
• Effective coordination with various support centers of Apex whenever required.
• Responsible for accruing/amortizing daily or monthly non-security related Fee accruals including management fees, performance fees and financing accruals
• Assist in the preparation and review of subscription, redemption pack and ensuring timely communication with investors of the funds
• Assist in the preparation and review of financial statements & liaising with auditor as required and managing the entire audit process
• To ensure timely and accurate preparation of distribution calculations, tax statements and liaising with the tax advisor of the fund
• Monitoring and review of the payments to be initiated for the client
• Ensuring client enquiries are answered in accordance with Apex service standards on an ongoing basis
• Ensuring compliance with regulatory requirements and other requirements of the funds specifications
• Ongoing Implementation and refinement of SSAE 18 controls along with coordination with internal auditors and external SSAE auditors

Additional Responsibilities:

• Actively cross selling our suite of services to our client base
• Assisting in the development of new & existing global client relationships, optimizing service offerings, productivity and profitability
• Ensuring adherence to documented procedures and policies
• Work on the integration of large fund administration mandates
• Working on ad hoc internal and global projects (as required)
• First point of contact for internal and external audit, tax returns and compliance queries
• Facilitate the flow of information between Senior Management and Operations team on a timely basis

Skills Required:

• 7-9 years' experience in a similar role incorporating the above functions
• An ability to work to and meet agreed deadlines
• Understanding of US GAAP & IFRS reporting standard for various fund structures
• An understanding of complex fund structures and fund accounting to act as subject matter expert
• Strong PC skills including Word, Excel and Macros in Excel (Experience on Paxus an advantage)
• An accountancy qualification (such as ACCA, CA) is an advantage
• Knowledge and in-depth understanding of various types of financial securities such as Equity, Bonds, Futures, Options, Sukuks, CDS, CFDs etc. and their accounting treatment.
• A high degree of commercial awareness and client service focus
• Prior experience of working in the industry.
• Strong leadership skills and supervisory experience of other professionals
• Excellent organizational and communication skills and the ability to work on own initiative consistently producing accurate and timely work.
• Good interpersonal skills to develop working relationships with colleagues, clients, other functions and professional intermediaries.
• Demonstrated ability to automate processes
• Knowledge of investor KYC and AML requirements
• Familiarity with Paxus is a major plus.
• An ability to think critically and objectively.
• Multi-tasking and problem-solving skills.
• Proficiency in advanced Excel functions is a plus
• Work additional hours as needed.
• Has ability to work under pressure and meet tight deadlines.
• Organised, accurate and willing to learn and take on new tasks